Overview
What is Liberia Conservation Fund Inc C/O Conservation International?
Liberia Conservation Fund Inc C/O Conservation International is a charitable organization, based in Arlington, Virginia, with the primary mission of supporting the conservation of Liberia's protected areas and promoting sustainable development within the country. In the recent tax year, the organization has focused on wisely investing its endowment, aiming to generate returns while safeguarding capital. By the end of the period, almost all capital was invested, and returns were starting to accrue, providing a sufficient budget to initiate forest conservation works in the subsequent tax period. However, there is still uncertainty regarding matching funds pledged by the Liberian government. The organization is currently in negotiations with Conservation International Liberia to serve as the initial local administrator in Liberia, with contract negotiations expected to conclude in the next year. Additionally, the organization has started discussions with both the government and multilateral institutions to contribute to the fund or enhance operational documents and safeguards for the Liberia Conservation Fund, to attract additional finance and support its charitable purposes.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 40% (Zero-Star out of Four Stars)
The Liberia Conservation Fund Inc, associated with Conservation International, has received a low rating of 40% from Charity Navigator, earning it a Zero-Star designation. This score reflects significant concerns regarding its financial accountability and transparency. While the organization scores well in governance aspects, such as having a majority of independent board members and a solid conflict of interest policy, its overall financial health appears troubling.
Notably, the Fund has a liabilities to assets ratio of 0.00%, indicating no reported liabilities, but it also has a program expense ratio of 0.00%. This lack of program expenses raises questions about the effectiveness and impact of its initiatives. Although the governance structure seems strong, the financial metrics suggest that the organization may not be utilizing its resources effectively towards its mission.
Overall, while the organization demonstrates good practices in board governance, the absence of measurable program expenses and the low overall score signify potential challenges in fulfilling its conservation objectives. Stakeholders considering engagement with the Fund should be aware of these financial concerns.
This AI summary has been generated from information found on Charity Navigator.
Is Liberia Conservation Fund Inc C/O Conservation International legitimate?
Liberia Conservation Fund Inc C/O Conservation International is a legitimate nonprofit organization registered as a 501(c)(3) entity. Liberia Conservation Fund Inc C/O Conservation International submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Liberia Conservation Fund Inc C/O Conservation International?
The Liberia Conservation Fund Inc., in collaboration with Conservation International, is dedicated to supporting the conservation of Liberia's protected areas and promoting sustainable development within the nation. As a charitable organization, it provides financial and technical support for these initiatives, aiming to ensure the preservation of Liberia's natural resources while fostering sustainable growth. This year, the organization has been focusing on wisely investing its endowment to generate returns, ensuring a sufficient budget for forest conservation initiatives in the future. Negotiations are underway for Conservation International Liberia to serve as the initial local administrator in Liberia, and discussions with government and multilateral institutions are ongoing to contribute to the fund or develop enhanced operational documents and safeguards, attracting additional finance to support the charitable purposes of the Liberia Conservation Fund.
Who is the CEO of Liberia Conservation Fund Inc C/O Conservation International?
Bjorn Stauch is the President Until 05/2022 of Liberia Conservation Fund Inc C/O Conservation International.
What is the revenue of Liberia Conservation Fund Inc C/O Conservation International?
Liberia Conservation Fund Inc C/O Conservation International's revenue in 2022 was $34,394.
Who are the executives of Liberia Conservation Fund Inc C/O Conservation International and what are their salaries?
There 5 volunteers at Liberia Conservation Fund Inc C/O Conservation International.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Liberia Conservation Fund Inc C/O Conservation International?
Liberia Conservation Fund Inc C/O Conservation International's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Liberia Conservation Fund Inc C/O Conservation International
The Liberia Conservation Fund Inc C/O Conservation International, a charitable organization, is dedicated to the conservation of Liberia's protected areas and the promotion of sustainable development within the country. Its mission is to provide financial and technical support for the preservation of Liberia's natural resources, aiming to achieve sustainable returns while safeguarding capital.
In the recent tax year, the organization has worked closely with its investment manager to ensure the endowment is wisely invested, with a focus on strategies likely to generate intended returns while preserving capital. By the end of the period, nearly all of the capital was invested, and returns began to accrue, providing an adequate budget for the organization to commence its work in forest conservation.
The Liberia Conservation Fund has also been in negotiations with Conservation International Liberia to serve as the initial local administrator in Liberia, with contract negotiations expected to conclude in the following year. Moreover, the organization has initiated discussions with government and multilateral institutions to contribute to the fund or contribute to the development of enhanced operational documents and safeguards for the Liberia Conservation Fund, with the aim of attracting additional finance to support the organization's charitable purposes.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
The Liberia Conservation Fund Inc, operating under Conservation International, aims to support the conservation of Liberia's protected areas and sustainable development within the country. In the past tax year, the organization focused on wisely investing its endowment to generate returns that would fund forest conservation efforts. It successfully allocated almost all of its capital, allowing for the initiation of conservation projects in the upcoming tax period. Additionally, the organization engaged in discussions with the Liberian government and other institutions to secure additional funding and enhance operational safeguards to attract more financial support for its charitable objectives. Through partnerships and strategic investments, the Liberia Conservation Fund Inc is working towards safeguarding Liberia's natural resources and promoting sustainable development in the region.
This information is meant to be a general summary of Liberia Conservation Fund Inc C/O Conservation International. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $34,394
- Gross Receipts: $249,788
Assets and Liabilities:
- Total Assets: $1,217,682
- Total Liabilities: $0
- Net Assets: $1,217,682
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2017
Phone
(703) 341-2572Principal Officer
Bjorn Stauch
Main Address
2011 CRYSTAL DRIVE 600, ARLINGTON, VA, 22202
NTEE Category
Code: C30 - Environment
If you are a representative of Liberia Conservation Fund Inc C/O Conservation International and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.